Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Technology Stocks : KVH Industries, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Bridge Player who wrote (1322)	7/18/2002 8:23:46 AM
From: Sector Investor	Read Replies (1) \| Respond to of 7249

They are finishing up the 6 quarter spike in R&D for their major new initiatives for the auto and telecom markets. The new initiatives were staffed with university researchers and consultants, not via an increase in employees. They have forcasted R&D to drop after this quarter as the projects complete.

To: Bridge Player who wrote (1322)	7/18/2002 8:41:40 AM
From: robert b furman	Respond to of 7249

Hi Bridge, Especially when they pay off. I particularly like the Y over Y 6 month comparison: Note how in 2001 the $4,005,501 R&D approximated the loss of $3,565,340. Now in 2002 - The R&D $4,766,211 is a multiple by 2-3 of the loss $ 1,872,407. This certainly shows the seeds being planted in their R&D are providing fruit.It will just take a little more time for the trees to mature and its all black from there. I particularly like Martin's comment on Q3" Looking ahead to the third quarter and the year as a whole,KVH is well positioned to achieve its goal for revenue growth and a RETURN TO PROFITABILITY". I was too optimistic in hoping for profitability in Q2- R&D is still a large number.But the 12.6 million in revenue is an excellent achievement. When I visited KVHI Richard Forsythe said KVHI could've easily been a profitable 25 million dollar company forever - but they wanted to grow. Well annualized they've passed 50 million and it's been two years - a tremendous record of growth in anyone's book. My favorite stock investment is now going to outsell my dealership in revenue.I've got the feeling my profitability is about to take a second seat to KVHI as well.gg I can hardly wait!! Does anyone know of a tech company or any other sector that has revenue for the 6 months going up roughly 40 % - if so please point it out - this is a stellar job of swimming upstream in a difficult economy. Nice momentum and great sales numbers. The cash burn rate is close ,but we are about 300,000 away from cash flow positive.So the burn is very slow.If as stated in the past, R&D tapers - we're there already. Next quarter - in the BLACK !!! and cash burn is a subject that can be filed in the "past history" drawer.gg Bob Anxiously awaiting the webcast.